Equities Flat by Noon

Jun 13, 2018 (Baystreet.ca via COMTEX) —

Canada’s main stock index maintained positive readings – barely – by midday Wednesday led by gains in health-care and financial stocks.

The S&P/TSX Composite Index hung onto 8.31 points in gains by noon to 16,297.29

The Canadian dollar increased 0.28 at 77.1 cents U.S.

Gold weighed heaviest on the markets, as Barrick Gold slid 10 cents to $17.04, while Kinross Gold was unchanged at $4.84.

In utilities, Hydro One shed two cents to $19.42, while Fortis Inc. lost 11 cents to $40.57.

Energy stocks stumbled a bit, as Canadian Natural Resources dipped 23 cents to $42.85

Health-care stocks triumphed most Wednesday morning, as Valeant Pharmaceuticals gained 23 cents to $34.88, while Aurora Cannabis picked up 18 cents, or 2%, to $9.04.

Tech stocks also moved higher, as BlackBerry surged seven cents to $16.12, while Constellation Software gained $9.66 to $1,054.66

In the financial category, Sun Life took on 29 cents to $54.83, while TD acquired 38 cents to $76.10

ON BAYSTREET

The TSX Venture gave back 0.57 points to 761.86

Seven of the 12 TSX subgroups sank, with gold easing 0.3%, while utilities and energy each down 0.2%.

The five gainers were led by health-care, up 0.9%, information technology, up 0.6%, and financials, eking up 0.2%.

ON WALLSTREET

Shares of Twenty-First Century Fox and Netflix led the NASDAQ Composite index to a record as a judge’s ruling that the AT&T and Time

Warner deal could go through raised valuations across the media industry.

The Dow Jones Industrials recouped 5.65 points to 25,326.38, amid gains in the Walt Disney Company and losses in Caterpillar.

The S&P 500 added 2.77 points to 2,789.62, as health-care and technology offset energy and telecommunications.

The NASDAQ grew 33.12 points to 7,736.83, a new high, as gains in Netflix

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